Guideline Value for FRUIT GARDEN

Fruit Garden guideline value

The current guideline value of Fruit Garden, located in Kerukampakkam village under the Oothukkottai SRO, is Rs 100 per sq.ft as per the 2024 revision effective from 1 July 2024. This area is classified as Residential Class I Type - I.

How the guideline value of Fruit Garden has changed

The guideline value for Fruit Garden has not changed in recent revisions. The register has no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023. The only available figure is from the 2024 revision, which is Rs 100 per sq.ft.

As such, there are no changes to report between the revisions, as the guideline value has remained consistent at Rs 100 per sq.ft for the current revision.

Guideline values in Kerukampakkam

In Kerukampakkam, there are 8 streets under the Oothukkottai SRO that carry a 2024 guideline value ranging from Rs 100 to Rs 100 per sq.ft, with the median also being Rs 100 per sq.ft. Fruit Garden's 2024 guideline value is equal to this median.

• Golden Dass Nagar-Phase-2: Rs 100 per sq.ft (2024)
• M.R. Nagar: Rs 100 per sq.ft (2024)
• Pandurangan Nagar: Rs 100 per sq.ft (2024)
• Rojar Garden: Rs 100 per sq.ft (2024)
• Saraswathi Nagar: Rs 100 per sq.ft (2024)
• S.V. Nagar: Rs 100 per sq.ft (2024)

Stamp duty and registration fee for property in Fruit Garden

For a 1,000 sq.ft plot at the current rate of Rs 100 per sq.ft, the guideline value would be Rs 1,00,000. The stamp duty at 7% would amount to Rs 7,000, and the registration fee at 2% would be Rs 2,000, totaling Rs 9,000. It is important to note that the duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Fruit Garden?

The Fruit Garden area is covered by the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kerukampakkam

The guideline value plays a crucial role during the registration of property transactions in Kerukampakkam. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold.

When registering a property, the guideline value is considered to ensure that the correct fees are paid based on the value of the property. This helps maintain transparency in property transactions and ensures compliance with local regulations.

Frequently asked questions

What is the current guideline value of Fruit Garden?

The current guideline value of Fruit Garden is Rs 100 per sq.ft as per the 2024 revision effective from 1 July 2024.

Has the guideline value changed recently?

The guideline value for Fruit Garden has not changed recently, with the only available figure being Rs 100 per sq.ft from the 2024 revision. There are no figures for the years 2002, 2003, 2007, 2012, 2017, and 2023.

What are the other streets in Kerukampakkam with the same guideline value?

Other streets in Kerukampakkam that share the same guideline value of Rs 100 per sq.ft include Golden Dass Nagar-Phase-2, M.R. Nagar, Pandurangan Nagar, Rojar Garden, Saraswathi Nagar, and S.V. Nagar.

How is stamp duty calculated in Fruit Garden?

Stamp duty in Fruit Garden is calculated at 7% of the guideline value or the sale price, whichever is higher. For example, a property with a guideline value of Rs 1,00,000 would incur a stamp duty of Rs 7,000.

Where can I find the Sub Registrar Office for Fruit Garden?

The Sub Registrar Office covering Fruit Garden is the Oothukkottai Sub Registrar Office, located near the government hospital in Uthukottai, 602026, Chennai registration zone. You can find more information by visiting the relevant link.